https://www.taxtmi.com/caselaws?id=213079 The ITAT allowed the appeal, ruling that the rejection of the application for approval under section 80G(5)(vi) of the Income-tax Act by the Director was incorrect. The ITAT found that the approval was automatically extended in perpetuity post an amendment in the Finance Act, 2009, and confirmed the trust's continued approval under the previous order. This case underscores the importance of legislative amendments and precedent in interpreting tax laws, emphasizing the need for tax authorities to align with legal changes and consider the nature of activities in determining charitable status. en-us Fri, 16 Mar 2012 00:00:00 +0530 Mon, 07 May 2012 13:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=213079 The ITAT allowed the appeal, ruling that the rejection of the application for approval under section 80G(5)(vi) of the Income-tax Act by the Director was incorrect. The ITAT found that the approval was automatically extended in perpetuity post an amendment in the Finance Act, 2009, and confirmed the trust's continued approval under the previous order. This case underscores the importance of legislative amendments and precedent in interpreting tax laws, emphasizing the need for tax authorities to align with legal changes and consider the nature of activities in determining charitable status. Case-Laws Income Tax Fri, 16 Mar 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=213079